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Falcon, CO

Colorado Springs Homes -- July 2009 market report for Falcon North

Colorado Springs Real Estate Blog  - Kathy Torline - Nordstrom: Real Estate Agent in Colorado Springs, CO

Colorado Spring Real Estate

Market Report for Falcon North - Single Family Homes

Neighborhoods: Claremont Ranch, Woodmen Hills, Forest Meadows, Meridan Ranch

The Falcon North housing market continues to be a BUYER'S Market, as there is currently a 6.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "Neutral Market".

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

July 2009

June 2009

May 2009

April 2009

March 2009

Feb 2009

Jan. 2009

Number of Homes Sold

27

38

37

26

30

24

17

Average Sale Price

$235,785

$270,835

$259,677

$234,038

$252,057

$248,222

$243,238

Total Square footage

2995

3257

3139

2973

3095

3004

2990

Price Per Total Square Footage

$78.73

$83.15

$82.73

$78.72

$81.44

$82.63

$81.36

Average Days on Market

64

119

135

125

144

120

121

Average # of house sold per month

28.4

Current Report as of 8-7-09 in Falcon North

  • Active listings: 191
  • Under Contract and Pending: 87
  • Absorption Rate : 28.4 homes per month for the last 6 months, a supply of 6.71 month of houses currently on the market.

This Colorado Springs Real Estate report contains information on Single Family homes in Falcon North.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake, Woodland Park

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

Luxury Foreclosed Home in Peyton and Falcon

Colorado Springs Real Estate Blog  - Kathy Torline - Nordstrom: Real Estate Agent in Colorado Springs, CO

Luxury Foreclosure in Peyton NEAR Colorado Springs

I'm a little remiss in writing this, but last week I previewed luxury foreclosures in the Falcon and Peyton area. Found some great properties out there; most of them didn't look like they had ever been lived in. First of all, the majority of Falcon and Peyton makes me feel like I'm back in Kansas again (which is where I grew up). Most of the lots are flat, you can see forever to the east, but they do have great views of the Front Range and Pikes Peak. The properties I looked at ranged anywhere from $313,000 to $569,000. I had a couple of them that were my favorites; but the one I like the best was on Gilbert Drive in Falcon/Peyton. What an amazing property! I'm not sure it has ever been lived in; and according to the assessor's office it was finished in 2006. When you walk to the property it has a great courtyard, surrounded on 3 sides by a stucco walls and then you enter the house by a "giant" wood door; felt like I was a munchkin entering the castle.

gilbert-outside

The first thing you see when you enter is a wonderful fireplace in the living room; accented by the dark wood shelves on each side.

gilbert-main-fireplace

You can just imagine entertaining in the kitchen, and making dinner for a big crowd on the over sized stove; then serving everything in the adjacent dining room.

gilbert-kitchen

gilbert-stove

gilbert-dining-room

There is also a main floor office; that feels more like an library than an office. The built-in dark wood shelves were magnificent.

gilbert-library

The only thing I didn't like about the entire house was the location; but I know a lot of people would love living on over 2.5 acres in the plains. Some of the other amenities in the house included amazingly well-done crown moldings and dark alder wood doors (at least I think they were dark alder wood).

Comparable luxury homes in Falcon/Peyton in Colorado Springs are listed in a pricing range of $440,000 to $619,000. And for 4 bedrooms, 5 baths, 2 fireplaces on 2.5 acres, with great views; it's definitely a diamond on the plains.

Previewing this property continued to reminded me once again the perception that foreclosures are only in low-end homes is completely wrong. Hopefully a new family will find this diamond in the plains!

In the $ 300,000 and higher foreclosure price range, there are 4 other homes on the market in the area that are bank-owned properties; and one in this same price range is listed as a short sale.

The original article was posted at: A Diamond on the Plains, another luxury foreclosure in Colorado Springs

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake, Woodland Park

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

Colorado Springs MLS - Foreclosed Homes for Sale in Falcon North as of 5-2-09

Colorado Springs Real Estate Blog  - Kathy Torline - Nordstrom: Real Estate Agent in Colorado Springs, CO

Homes in Falcon NORTH - Market breakdown for Active Homes as of 5-3-09

Neighbordhoods Include: Woodmen Hills, Meridan Ranch, Falcon Highlands

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Active homes for sale: 212

  • Short sales: 26 (12.3%)
  • Bank-owned: 9 (4.2%)
  • HUD: 1 (.5%)
  • VA Repo: 1 (.5%)
  • Regular: 175 (82.5)

Partial list of Foreclosed homes currently on the market

Address

PT

Br/Ba/G

FLR

YB

Fin SQ

Tot SQ

LP

CDOM

7507 Soane GR

SIF

2,2,2

2

2006

1,146

1,146

$130,000

16

12471 Riggin CT

SIF

4,2,2

RAN

2000

2,156

2,156

$160,900

17

8330 Mustang PL

SIF

3,2,3

RAN

1999

1,596

1,596

$168,900

27

11291 Allendale DR

SIF

3,3,3

2

2003

1,624

2,366

$214,900

116

12294 Pine Valley CR

SIF

4,3,3

2

2004

2,587

3,837

$219,000

262

10418 Pictured Rocks DR

SIF

5,3,3

RAN

2004

3,185

3,444

$285,000

78

7385 Bridal Vail WY

SIF

4,4,3

2

2006

2,902

4,014

$299,600

4

10977 Mt. Evans DR

SIF

7,4,3

2

2006

4,432

4,525

$379,900

82

9520 Pomeroy CT

SIF

4,4,3

2

2008

3,820

4,108

$469,000

160

13367 Gilbert DR

SIF

4,5,3

2

2006

4,012

4,228

$569,900

160

This Colorado Springs Real Estate report contains information on homes in Falcon North in Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake, Woodland Park

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

Colorado Springs MLS - Foreclosed Homes for Sale in Falcon North as of 4-22-09

Colorado Springs Real Estate Blog  - Kathy Torline - Nordstrom: Real Estate Agent in Colorado Springs, CO

Falcon North Market breakdown for Active Homes as of 4-20-09

Neighborhoods: Woodmen Hills , Meridan Ranch, Falcon Hills, Paint Brush Hills

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Related posts: Colorado Springs Foreclosures -- Homes for Sale in Falcon as of 4 - 20- 09

Active homes for sale: 220

  • Short sales: 31 (13.9%)
  • Bank-owned: 9 (4.0%)
  • HUD: 1 (.4%)
  • VA Repo: 1 (.4%)
  • Regular: 181 (81.2%)

Partial list of Foreclosed homes currently on the market

Address

PT

Flr

Br/Ba/Gar

SqFt

Area

BSA

Price

12471 Riggin CT

SIF

RAN

4,2,2

2,156

FAN

$160,900

8330 Mustang PL

SIF

RAN

3,2,3

1,596

FAN

MRK

$175,900

9930 Litchfield ST

SIF

2

3,3,3

3,179

FAN

$177,250

11291 Allendale DR

SIF

2

3,3,3

2,366

FAN

$214,900

9520 Pomeroy CT

SIF

2

4,4,3

4,108

FAN

$469,000

13367 Gilbert DR

SIF

2

4,5,3

4,228

FAN

FAL

$569,900

This Colorado Springs Real Estate report contains information on homes in Falcon North Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake, Woodland Park

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

Colorado Springs Real Estate Market -- 2008 Report Falcon Close to Peterson AFB

Colorado Springs Real Estate Blog  - Kathy Torline - Nordstrom: Real Estate Agent in Colorado Springs, CO

Colorado Spring Real Estate Market

Report for Falcon

Single Family Homes

Includes Woodmen Hills, Meridian Ranch

The FALCON housing market continues to be a SELLERS Market, as there is currently a 13.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units are down 16% from 2007, but pricing is only down 2.2% from 2007.

Recap of December Activity

  • Homes Sold in the last month: 41

Recap of 2008, 2007, 2006, 2005, and 2004

2008

2007

2006

2005

2004

Number of Homes Sold

291

347

358

289

247

Average Sales Price

$217,859

$222,791

$225,533

$205,115

$195,606

Sales Price to List Price

97.4%

97.6%

98.8%

99%

99.3%

Average Days on Market

101

92

68

71

52

Average # of house sold per month

24.3

28.9

29.8

24.1

20.6

Current Report as of 1-15-09 in Falcon

  • Active listings: 328
  • Under Contract and Pending: 48
  • Absorption Rate: 24.3 homes per month, a 13.5 month supply of houses currently on the market

FALCON homes are:

This Colorado Springs Real Estate report contains information on Single Family homes in Falcon.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT